Market Newsdesk

Bowlero Corp. to Report Fourth Quarter and Full Year 2022 Financial Results

Prepared remarks to be webcast at 4:30 PM ET on September 15

RICHMOND, Va.–(BUSINESS WIRE)–
Bowlero Corp. (NYSE: BOWL) (“Bowlero” or the “Company”), the world’s largest owner and operator of bowling centers, will report financial results for the fourth quarter and full year 2022 on Thursday, September 15, 2022 after the U.S. stock market closes. Management will discuss the results via webcast at 4:30 PM ET on the same day.

The live webcast, replay and results presentation will be accessible in the Events & Presentations section of the Bowlero Investor Relations website at https://ir.bowlerocorp.com/overview/default.aspx.

About Bowlero Corp.

Bowlero Corp. is the worldwide leader in bowling entertainment, media, and events. With more than 300 bowling centers across North America, Bowlero Corp. serves more than 26 million guests each year through a family of brands that includes Bowlero, Bowlmor Lanes, and AMF. In 2019, Bowlero Corp. acquired the Professional Bowlers Association, the major league of bowling, which boasts thousands of members and millions of fans across the globe. For more information on Bowlero Corp., please visit BowleroCorp.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220906005993/en/

For Media:

ICR, Inc.

Tom Vogel

[email protected]

For Investors:

ICR, Inc.

Ashley DeSimone

[email protected]

KEYWORDS: Virginia United States North America

INDUSTRY KEYWORDS: Sports Bowling General Entertainment Other Entertainment Entertainment

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ADS-TEC Energy (ADSE) Reports H1 2022 Results and Confirms FY 2022 Guidance

• Strong order momentum with booked orders up over 100% YOY for H1 2022 and demand across multiple market segments
• Order backlog was more than €176 million for end of August 2022, largely driven by strong growth in Europe and the U.S.
• H1 2022 international expansion and diversification into other geographies has led to revenue outside of Germany increasing 4x from H1 2021
• Growth in U.S. business since launch in January
• Completed due diligence and identification of U.S. plant location with a scheduled opening in H2 2022
• Revenue in H1 2022 was €9.4 million
• Gross Profit (loss) in H1 2022 was -€4.8 million
• EBIT in H1 2022 was -€18.5 million for H1 2022
• H1 2022 closed with €65.7 million cash-on-hand and, as of this announcement, no debt
• FY 2022 revenue guidance of €80 to €100 million more than doubles FY 2021 revenue
• Growth continues in core segments across North America, Continental Europe, and the United Kingdom
• Increased order backlog already includes planned deliveries for 2023

NÜRTINGEN, Germany–(BUSINESS WIRE)–ADS-TEC Energy plc (NASDAQ: ADSE), a global leader in battery-buffered, ultra-fast charging technology, today announced audited financials for H1 2022 and guidance for FY 2022.

The company also announced strong performance and continued growth in its key segments with contracted business in municipalities, oil and gas, hospitality, big box retail, charging point operators, EV fleets, automotive OEM dealerships, and large last-mile delivery services since launching its U.S. business in January.

ADS-TEC Energy announced a key strategic partnership with JOLT, a Dublin and Munich-based technology company focused on owning and operating ultra-fast charging solutions in urban areas. Installations have already begun at ESSO service stations in Munich, Berlin, Hamburg, Frankfurt, Stuttgart, Dresden, Duesseldorf, and Nuremberg as well as TAMOIL stations in the Netherlands. They aim to install and operate up to 5,000 ultra-fast charging stations over the next five years.

On the product side, ADS-TEC Energy extends its battery-buffered, ultra-fast charging technology with the addition of ChargePost. Unlike the currently-available, battery-buffered ChargeBox, which consists of a separate battery-booster module and two charging dispensers, the ChargePost consolidates battery-buffering and dispensers into a single “all-in-one” system with a large display that provides revenue-generating advertising opportunities. In conjunction with this addition to the company’s portfolio, the company has completed a framework agreement with a European company that will receive the first 50 ChargePost systems in 2022. As part of the agreement, ADS-TEC Energy expects to deliver increasing volumes of products to encompass thousands of ChargePost units over the next few years.

Also, ADS-TEC Energy announced in August, that the company has significantly increased the order volume for its products in fiscal year 2022 since the publication of the first financial forecast on April 28, 2022. The orders primarily involve the company’s battery-buffered, ultra-fast EV charging systems, but also include stationary storage systems for commercial and industrial applications. For contractual reasons, specific customers and projects cannot be publicly announced at this time. Our sales guidance of €80 to €100 million will not be affected by the increased order backlog, as sales from the new orders are planned for 2023.

After much due diligence and site work, the company has identified the location of its U.S. manufacturing plant and expects it to be operational in Q4 2022.

Financial & Operational Highlights

The below represents summary financial and operational figures for H1 2022:

• Revenue of €9.4 million
• Gross profit (loss) of -€4.8 million
• Net loss of -€7.1 million
• Operating Result of -€18.5 million
• Result before tax of -€7.1 million
• Cash Flow from Operations of -€31,4 million
• Capital Expenditure of €3.3 million

2022 Financial & Operating Guidance

ADSE is introducing FY2022 guidance as follows:

• Total revenue of €80 – €100 million for FY2022
• Revenue in FY2022 will be backloaded to second half based on confirmed order backlog

Conference Call information

https://www.webcast-eqs.com/adstec20220912

About ADS-TEC Energy

ADS-TEC Energy plc, a public limited company incorporated in Ireland and publicly listed on NASDAQ (“ADS-TEC Energy”), serves as a holding company for ADS-TEC Energy GmbH, our operating company incorporated in Germany (“ADSE GM”) and ADS-TEC Energy Inc., a US subsidiary of ADS-TEC Energy GmbH (“ADSE US” and together with ADS-TEC Energy and ADSE GM, “ADSE”). ADSE is a global leader in battery-buffered, ultra-fast charging technology that draws on more than 10 years of experience with lithium-ion technologies, storage solutions and fast charging systems, including the corresponding energy management systems. Its battery-based, fast charging technology enables electric vehicles to ultrafast charge even on low powered grids and features a very compact design. The high quality and functionality of the battery systems are due to a particularly high depth of development and in-house production. With its advanced system platforms, ADSE is a valuable partner for automotive, OEMs, utility companies and charge-operators.

More information on www.adstec-energy.com

Forward-looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include statements regarding our financial outlook for 2022, our expectations with respect to future performance and the anticipated timing of certain commercial activities. There are a significant number of factors that could cause actual results to differ materially from the statements made in this press release, including: the impact of the COVID-19 pandemic, geopolitical events including the Russian invasion of Ukraine, macroeconomic trends including changes in inflation or interest rates, or other events beyond our control on the overall economy, our business and those of our customers and suppliers, including due to supply chain disruptions and expense increases; our limited operating history as a public company; our dependence on widespread acceptance and adoption of EVs and increased installation of charging stations; our current dependence on sales to a limited number of customers for most of our revenues; overall demand for EV charging and the potential for reduced demand for EVs if governmental rebates, tax credits and other financial incentives are reduced, modified or eliminated or governmental mandates to increase the use of EVs or decrease the use of vehicles powered by fossil fuels, either directly or indirectly through mandated limits on carbon emissions, are reduced, modified or eliminated; supply chain interruptions and expense increases; unexpected delays in new product introductions; our ability to expand our operations and market share in Europe and the U.S.; the effects of competition; changes to battery energy storage standards; and the risk that our technology could have undetected defects or errors. Additional risks and uncertainties that could affect our financial results are included under “Item 3. Key Information – 3.D. Risk Factors” in our annual report on Form 20-F filed with the Securities and Exchange Commission (the “SEC”) on April 28, 2022, which is available on our website at https://adstec-energy.com/investor-relations-corporate-governance/ and on the SEC’s website at www.sec.gov. Additional information will also be set forth in other filings that we make with the SEC from time to time. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by applicable law.

Use of Non-IFRS Financial Measures

ADS-TEC Energy has provided in this press release financial information that has not been prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board (“IFRS”). ADS-TEC Energy uses these non-IFRS financial measures internally in analyzing its financial results and believes that the use of these non-IFRS financial measures is useful to investors to evaluate ongoing operating results and trends, and in comparing ADS-TEC Energy’s financial results with other companies in its industry as well other technology companies, many of which present similar non-IFRS financial measures.

The presentation of these non-IFRS financial measures is not meant to be considered in isolation or as a substitute for comparable IFRS financial measures and should be read only in conjunction with ADS-TEC Energy’s consolidated financial statements prepared in accordance with IFRS. A reconciliation of ADS-TEC Energy’s historical non-IFRS financial measures to their most directly comparable IFRS measures has been provided in the financial statement tables included in this press release, and investors are encouraged to review these reconciliations.

Financial Statements

Unaudited interim condensed consolidated statements of comprehensive income

For the six months ended June 30:
kEUR	Note	2022	2021
Continuing operations
Revenue	4.1.1	9,431	20,947
Cost of sales	4.1.2	-14,255	-19,433
Gross profit (loss)		-4,824	1,514
Research and development expenses	4.1.2	-1,030	-1,583
Selling and general administrative expenses	4.1.2	-12,706	-4,083
Impairment losses on trade receivables and contract assets		-141	0
Other income		599	549
Other expenses		-384	-467
Operating result		-18,484	-4,069
Finance income	4.1.3	11,502	–
Finance expenses		-161	-1,108
Net finance result		11,341	-1,108
Result before tax		-7,143	-5,177
Income tax benefits (expenses)	4.1.4	-165	–
Result for the period		-7,309	-5,177
Other comprehensive income
Items that are or may be reclassified subsequently to profit or loss
Foreign operations – foreign currency translation differences		43	–
Other comprehensive income for the period, net of tax		43	–
Total comprehensive income for the period		-7,266	-5,177

Profit (loss) attributable to:
Shareholders of the parent		-7,309	-5,177
Non-controlling interests		–	–

Total comprehensive income attributable to:
Shareholders of the parent		-7,266	-5,177
Non-controlling interests		–	–

Earnings (loss) per share (in EUR)	4.1.5	–	–
Diluted		-0.15	-161.59
Basic		-0.15	-161.59

Due to rounding, the sum of the numbers presented in the table above might not precisely equal the totals we provide.

Unaudited interim condensed consolidated statements of financial position

ASSETS
kEUR	Note	Jun. 30, 2022	Dec. 31, 2021
Intangible assets (excl. Goodwill)	4.2.1	18,342	17,038
Right-of-use assets	4.2.2	1,808	1,988
Property, plant and equipment	4.2.3	3,221	2,958
Other investments (non-current)		2,582	2,084
Trade and other receivables (non-current)		4	4
Deferred tax assets		–	–
Non-current assets		25,958	24,072
Inventories	4.2.4	28,462	13,063
Contract assets		1,195	973
Trade and other receivables (current)		17,770	11,304
Cash and cash equivalents		65,720	101,813
Current assets		113,148	127,152
Total assets		139,106	151,224

Due to rounding, the sum of the numbers presented in the table above might not precisely equal the totals we provide.

EQUITY AND LIABILITIES
kEUR	Note	Jun. 30, 2022	Dec. 31, 2021
Share capital		4	4
Capital reserves		215,291	214,100
Other equity		42	-2
Retained earnings		-117,211	-29,571
Profit (loss)		-7,309	-87,640
Equity attributable to owners of the Company		90,817	96,892
Non-controlling interests		–	–
Total equity		90,817	96,892
Lease liabilities (non-current)	4.2.2	1,341	1,537
Warrant liability (non-current)		7,755	12,767
Trade and other payables (non-current)		198	158
Contract liabilities (non-current)		132	132
Other provisions (non-current)		7,544	7,438
Deferred tax liabilities		2,022	1,859
Non-current liabilities		18,992	23,892
Lease liabilities (current)	4.2.2	553	528
Loans and borrowings (current)		–	7,522
Trade and other payables (current)		20,370	14,000
Contract liabilities (current)		6,208	6,208
Other provisions (current)		2,166	2,182
Current liabilities		29,297	30,440
Total liabilities		48,288	54,332
Total equity and liabilities		139,106	151,224

Due to rounding, the sum of the numbers presented in the table above might not precisely equal the totals we provide.

Unaudited interim condensed consolidated statements of cash flows

For the six months ended June 30:

kEUR	Note	Jun. 30, 2022	Jun. 30, 2021
Result for the period		-7,309	-5,177
Depreciation and amortization	4.1.2	2,010	1,681
Finance income excluding the FX valuation of USD bank accounts		-5,022	–
Non-cash effective foreign currency gains		-6,479	–
Finance expense		161	1,108
Stock compensation	4.3	1,192	–
Gain/loss on disposal of property, plant and equipment	4.2.3	39	–
Change in trade receivables not attributable to investing or financing activities		-5,620	25
Change in inventories	4.2.4	-15,202	5,544
Change in trade payables		8,881	-1,534
Change in contract assets		-222	386
Change in contract liabilities		-1	-6,108
Change in other investments		-1,345	-13
Change in other provisions		91	528
Change in other liabilities		-2,523	–
Cash flow from operating activities		-31,351	-3,558
Purchase of property, plant and equipment	4.2.3	-760	-360
Investments in intangible assets, including internally generated intangible asset	4.2.1	-2,568	-1,535
Interest received		10	–
Cash flow from investing activities		-3,318	-1,895
Proceeds from borrowings and shareholder contribution and loans		–	5,742
Repayment of loans and borrowings		-7,525	–
Payment of lease liabilities	4.2.2	-280	-307
Interest paid		-161	–
Cash flow from financing activities		-7,966	5,435
Net decrease in cash and cash equivalents		-42,636	-18
Net cash and cash equivalents at the beginning of the period		101,813	18
FX effects		6,542	–
Net cash and cash equivalents at the end of the period		65,720	–

Due to rounding, the sum of the numbers presented in the table above might not precisely equal the totals we provide.

Consolidated

View source version on businesswire.com: https://www.businesswire.com/news/home/20220912005516/en/

ADS-TEC Energy Investor Relations –

Cary Segall

ADS-TEC Energy

[email protected]

+1 845-224-8180

Media – United States:

Scott Gamm

Strategy Voice Associates

[email protected]

+1 917-626-9515

ADS-TEC Energy Europe:

Dennis Müller

SVP Product Marketing & Communication

[email protected]

KEYWORDS: Germany Europe

INDUSTRY KEYWORDS: Automotive Other Energy Alternative Energy Energy Alternative Vehicles/Fuels Fleet Management

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Blackboxstocks to Present at H.C. Wainwright 24th Annual Global Investment Conference, September 12-14, 2022

Presentation on Monday, September 12^th at 5:00pm ET

DALLAS–(BUSINESS WIRE)–
Blackboxstocks, Inc. (NASDAQ: BLBX), a financial technology and social media hybrid platform offering real-time proprietary analytics for stock and options traders of all levels, today announced that management will present at the H.C. Wainwright 24^th Annual Global Investment Conference being held in New York City on September 12-14, 2022.

Gust Kepler, CEO and Co-Founder, Eric Pharis, COO and Co-Founder, and Bob Winspear, CFO, will present a corporate overview on Monday, September 12th at 5:00pm ET. Management will also meet with investors in one-on-one sessions during the conference.

About Blackboxstocks, Inc.

Blackboxstocks, Inc. is a financial technology and social media hybrid platform offering real-time proprietary analytics and news for stock and options traders of all levels. Our web-based software employs “predictive technology” enhanced by artificial intelligence to find volatility and unusual market activity that may result in the rapid change in the price of a stock or option. Blackbox continuously scans the NASDAQ, New York Stock Exchange, CBOE, and all other options markets, analyzing over 10,000 stocks and up to 1,500,000 options contracts multiple times per second. We provide our users with a fully interactive social media platform that is integrated into our dashboard, enabling our users to exchange information and ideas quickly and efficiently through a common network. We recently introduced a live audio/screenshare feature that allows our members to broadcast on their own channels to share trade strategies and market insight within the Blackbox community. Blackbox is a SaaS company with a growing base of users that spans 42 countries; current subscription fees are $99.97 per month or $959.00 annually.

For more information, go to: www.blackboxstocks.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220912005287/en/

[email protected]

PCG Advisory

Stephanie Prince

(646) 863-6341

[email protected]

KEYWORDS: Texas New York United States North America

INDUSTRY KEYWORDS: Professional Services Communications Data Analytics Social Media Finance Fintech

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Posted on September 12, 2022 8:03 am

Celebrate National Cheeseburger Day with Applebee’s® Handcrafted ‘Burger Bundles’ To Go

Celebrate National Cheeseburger Day with Applebee’s^® Handcrafted ‘Burger Bundles’ To Go

Order online any of Applebee’s six Handcrafted Burgers with Fries and Applebee’s exclusive MTN DEW Dark Berry Bash® or your choice of any fountain drink for just $10.99 on Sept. 18

GLENDALE, Calif.–(BUSINESS WIRE)–
In celebration of National Cheeseburger Day on September 18, Applebee’s is offering its fans an online Burger Bundle deal consisting of any one of its delicious, Handcrafted Burgers paired with Classic Fries and Applebee’s exclusive MTN DEW Dark Berry Bash® for only $10.99.* For one day only, guests can order online at Applebees.com or the mobile app from their local Applebee’s restaurant to celebrate the tastiest day of the year with a complete Burger Bundle!

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220912005221/en/

Celebrate National Cheeseburger Day with Applebee’s® Handcrafted ‘Burger Bundles’ To Go (Photo: Business Wire)

Applebee’s Handcrafted Burger Bundle includes the choice of the Bacon Cheeseburger, Whiskey Bacon Cheeseburger, fan-favorite Quesadilla Burger, Classic Cheeseburger, Classic Hamburger, or the Impossible™ Cheeseburger, PLUS Classic Fries and a fountain drink – all for only $10.99.

To join Applebee’s in celebrating on September 18, guests can simply select the ‘National Cheeseburger Day’ option from the online menu, order for To Go or delivery on the Applebee’s mobile app (iOS, Google) or by visiting Applebees.com. Applebee’s delicious bundle includes the exclusive MTN DEW Dark Berry Bash^® or your choice of any PEPSI-COLA® fountain drink.

“Our best-in-class Handcrafted Burgers are always better when bundled with our Classic Fries and our one-of-a-kind DEW flavor or any other ice-cold fountain beverage,” said Joel Yashinsky, Chief Marketing Officer at Applebee’s. “From our Whiskey Bacon Cheeseburger to our fan-favorite Quesadilla Burger – and full menu of more delicious burgers – we can’t wait for our guests to celebrate National Cheeseburger Day together and to enjoy this unbeatable value.”

To order Applebee’s To Go or delivery, visit Applebees.com or the Applebee’s mobile app (iOS, Google). For even more exclusive deals and specials, guests can sign up to be a part of the neighborhood. Join Applebee’s E-Club and receive a welcome offer!

*For a limited time at participating locations. Price and participation may vary by location. Offer valid 9/18/22 for online orders via the Applebee’s website or mobile app only. Not valid on third party delivery sites. One-time use. Restrictions may apply. ​

About Applebee’s^®

As one of the world’s largest casual dining brands, Applebee’s Neighborhood Grill + Bar serves as America’s kitchen table, offering guests a lively dining experience that combines simple, craveable American fare with classic drinks and local drafts. Applebee’s makes it easy for family and friends to connect with one another, whether it’s in a dining room or in the comfort of a living room, Eatin’ Good in the Neighborhood™ is a familiar and affordable escape from the everyday. Applebee’s restaurants are owned and operated by entrepreneurs dedicated to more than serving great food, but also building up the communities that we call home. From raising money for local charities to hosting community fundraisers, Applebee’s is always Doin’ Good in the Neighborhood^®. Applebee’s franchise and company-operated operations consisted of 1,673 Applebee’s restaurants in the United States, two U.S. territories and 11 countries outside the United States as of August 9, 2022. This number does not include two domestic Applebee’s ghost kitchens (small kitchens with no store-front presence, used to fill off-premise orders) and eight Applebee’s international ghost kitchens. Applebee’s is franchised by subsidiaries of Dine Brands Global Inc. [NYSE: DIN], which is one of the world’s largest full-service restaurant companies.

Follow us:

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View source version on businesswire.com: https://www.businesswire.com/news/home/20220912005221/en/

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KEYWORDS: California United States North America

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Celebrate National Cheeseburger Day with Applebee’s® Handcrafted ‘Burger Bundles’ To Go (Photo: Business Wire)

Western Union Expands its Digital Wallet to Latin America

• New Acquisition Expected to Accelerate Market Launch, with Brazil Anticipated to be Live in First Half of 2023

DENVER–(BUSINESS WIRE)–
Following a successful introduction of its digital banking offering in Europe in February 2022, Western Union (NYSE: WU) is gearing up to launch in Latin America. The Company announced the acquisition of Te Enviei, a Brazil-based digital wallet that will accelerate the time to market of Western Union’s financial ecosystem offerings in Brazil.

As part of its renewed purpose-driven strategy, Western Union is expanding its value proposition to customers by offering a broader set of digital financial services. By introducing its digital wallet in Brazil, Western Union plans to enable its customers to store funds, send money overseas and domestically, and pay their bills; all from the convenience of their phones.

“We are changing the way we interact with our customers today, moving from a transactional business to a customer-centric, relationship-based approach,” said Thomas Mazzaferro, Chief Innovation & Data Officer at Western Union. “Offering our Brazilian customers an integrated digital banking and money transfer solution will be a key milestone in this effort. We believe this acquisition will allow us to significantly accelerate our planned technology build, allowing for the faster roll out of our digital wallet in Brazil,” Mazzaferro added.

“Brazil is a strategically important market where we already hold a banking license, and it is a highly digitized banking market. Additionally, our internal research indicates that many Brazilians are looking for financial products that can address their needs in a global economy,” explained Ricardo Amaral, President of Western Union Brazil.

More information on the Company’s strategic plans, including with respect to its digital banking offerings, will be shared at its upcoming Investor Day on October 20.

WU-G

About Western Union

The Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement and payments. Western Union’s platform provides seamless cross-border flows and its leading global financial network bridges more than 200 countries and territories and approximately 130 currencies. We connect consumers, businesses, financial institutions, and governments through one of the world’s widest reaching networks, accessing billions of bank accounts, millions of digital wallets and cards, and a substantial global network of retail locations. Western Union connects the world to bring boundless possibilities within reach. For more information, visit www.westernunion.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220907006291/en/

Media Relations:

Claire Treacy

[email protected]

Investor Relations:

Tom Hadley

[email protected]

KEYWORDS: Colorado United States South America North America Brazil

INDUSTRY KEYWORDS: Banking Personal Finance Technology Professional Services Payments Electronic Commerce Digital Cash Management/Digital Assets Software Fintech Mobile/Wireless Finance

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Homebuyers With Access to Flood-Risk Data Bid on Lower-Risk Homes

Redfin users who viewed homes with severe and/or extreme flood risk prior to a Redfin experiment proceeded to bid on homes with 54% less risk after gaining access to flood-risk data

SEATTLE–(BUSINESS WIRE)–
(NASDAQ: RDFN) — Homebuyers who have access to flood-risk information when browsing home listings online are more likely to view and make offers on homes with lower flood risk than those who don’t have access, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.

That’s according to a three-month randomized controlled trial involving 17.5 million Redfin.com users, half of which had access to property-level flood-risk scores (treatment group) and half of which did not (control group).

Redfin users who viewed homes with an average flood-risk score of 8.5 (severe/extreme risk) prior to the study went on to bid on homes with an average score of 3.9 (moderate risk) after gaining access to flood-risk data—a decrease of 54%. By comparison, users who viewed homes with an average score of 8.5 before the study but did not get access to risk data went on to bid on homes with an average score of 8.5.

Redfin only saw this impact on users who had been viewing homes with severe/extreme risk prior to the study, suggesting that flood danger is currently unlikely to change homebuyer decisionmaking unless it’s substantial. When users who viewed homes with lower risk (minimal, minor, moderate and/or major) prior to the study gained access to flood-risk scores, there was no statistically significant change in the risk level of homes they proceeded to bid on.

“We now have definitive evidence that the risks posed by climate change are affecting where Americans choose to live. Before Redfin’s experiment, that was just a hypothesis,” said Redfin Chief Economist Daryl Fairweather. “Equipping people with flood-risk information helps them make more informed decisions. Some will opt to move out of risky areas altogether, while others will stay put but invest in making their homes more resilient to disaster.”

Fairweather continued: “As more house hunters become aware of climate risk, homes in endangered areas will likely receive fewer offers, causing home values to fall. At the same time, we may see prices in lower-risk, inland areas rise as more Americans move there to avoid flooding.”

Flood-Risk Data Also Impacted Which Homes Buyers Viewed Online

Giving house hunters access to flood-risk data also impacted their online search behavior. Redfin users who were viewing homes with an average risk score of 9.5 (extreme) prior to the study went on to view homes with an average risk score of 8.5 after gaining access to flood-risk data—a decrease of about 10%. There was no meaningful change in the average risk score of homes viewed by users in the control group who had been viewing extremely risky homes prior to the experiment.

The impact increased over time for users who had access to flood-risk data. On average, users who viewed homes with extreme risk before the study were viewing homes with 25% less risk than the control group after nine or more weeks in the experiment, compared with just 7% less risk during week one.

“Climate-risk data may start to have an even bigger impact on homebuyer decisions now that the housing market is slowing and tilting more in buyers’ favor,” said Sebastian Sandoval-Olascoaga, the MIT researcher who co-conducted the experiment. “Today’s buyers have more leeway to seek out the home features they really want. For some buyers that might mean considering only turnkey homes, and for others it might mean limiting their search to homes with minimal flood risk.”

Redfin Users in Cape Coral, FL and Houston Were Most Likely to Click on Flood-Risk Data

Redfin also measured how frequently Redfin users in the experiment took the additional step of clicking into a home listing page’s “Flood Risk” section, where more information can be found on future risk, FEMA flood zones and disaster insurance. Nationwide, users in the treatment group clicked into the flood-risk section 2.8% of the time. Many users likely didn’t feel the need to expand the flood-risk section because they found the preview of the flood-risk data sufficient—one reason the clickthrough rate appears low.

In Cape Coral, FL, users in the treatment group clicked into the flood-risk section 8.5% of the time, the highest rate among the 100 most populous U.S. metropolitan areas. Next came Houston (8.1%), Baton Rouge, LA (7.5%), McAllen, TX (7.4%) and New Orleans (7.3%). Three other Florida metros—North Port, Tampa and Jacksonville—were also in the top 10.

All of these areas face flood risk, and some have attracted an influx of homebuyers during the pandemic. Tampa, Cape Coral and North Port all consistently rank on Redfin’s list of most popular migration destinations—an analysis based on net inflow, or how many more Redfin.com users are looking to move into an area than leave.

Top 10 Metros Where Redfin Users Were Most Likely to Click on Flood-Risk Data

Metro Area	Percentage of Times Redfin Users Clicked into Flood-Risk Section in Home Listings
Cape Coral, FL	8.5%
Houston, TX	8.1%
Baton Rouge, LA	7.5%
McAllen, TX	7.4%
New Orleans, LA	7.3%
North Port, FL	6.9%
Virginia Beach, VA	6.5%
Charleston, SC	6.3%
Tampa, FL	5.7%
Jacksonville, FL	5.7%

Alexis Malin, a Redfin buyer’s agent in the Jacksonville, FL area, recently worked with a buyer who opted out of purchasing a home due to its high flood-risk rating.

“I had a buyer from the Northeast who toured a beachfront home in the Jacksonville area and was close to making an offer, but changed his mind after seeing that the flood-risk rating on Redfin was almost a 10 out of 10,” Malin said. “He loved the house and the location, but decided the purchase was just too big of a financial risk. He ended up staying in the Northeast and buying a home there instead.”

People Have Access to Climate-Risk Data—What Now?

Individuals should be aware that if they own or buy a home with high natural-disaster risk, it may require costly disaster insurance and could ultimately drop in value. It’s possible this will disproportionately impact disadvantaged communities, which are often more exposed to flooding. Formerly redlined areas have a larger share of homes with high flood risk than areas that weren’t redlined, a 2021 Redfin analysis found. While redlining has been outlawed for years, formerly redlined areas are still more likely to house people of color than non-redlined areas.

“Home prices haven’t yet started to broadly plummet due to natural-disaster risk. That means communities that face the highest risk still have time to act,” Fairweather said. “If a homeowner thinks their property will lose value due to flood risk, they may want to relocate now to keep both themself and their finances safe. Unfortunately, that may mean passing on the risk to someone else. Governments can help prevent that by purchasing and demolishing at-risk homes, or subsidizing climate-resilient improvements. Upgrades like landscaping, flood walls and flood openings to direct water away from homes can help an at-risk property retain value.”

Fairweather continued: “Local and federal leaders should also be using climate-risk data to inform their policy decisions. Lawmakers in lower-risk cities should consider changing zoning laws to allow for denser housing, which would provide more options for people who face flood risk but don’t have a place to go.”

Redfin conducted this experiment from Oct. 12, 2020 to Jan. 3, 2021 in partnership with researchers from University of Southern California, the National Bureau of Economic Research and Massachusetts Institute of Technology. Flood-risk scores came from First Street Foundation’s Flood Factor. Redfin now publishes climate-risk data (including fire, heat, drought, storm and flood) for nearly every U.S. home, with the exception of rentals.

To view the full report, including charts, graphics and methodology, please visit: https://www.redfin.com/news/redfin-users-interact-with-flood-risk-data/

About Redfin

Redfin (www.redfin.com) is a technology-powered real estate company. We help people find a place to live with brokerage, instant home-buying (iBuying), rentals, lending, title insurance, and renovations services. We sell homes for more money and charge half the fee. We also run the country’s #1 real-estate brokerage site. Our home-buying customers see homes first with on-demand tours, and our lending and title services help them close quickly. Customers selling a home can take an instant cash offer from Redfin or have our renovations crew fix up their home to sell for top dollar. Our rentals business empowers millions nationwide to find apartments and houses for rent. Since launching in 2006, we’ve saved customers more than $1 billion in commissions. We serve more than 100 markets across the U.S. and Canada and employ over 6,000 people.

For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the Redfin Data Center. To be added to Redfin’s press release distribution list, email [email protected]. To view Redfin’s press center, click here.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220912005237/en/

Redfin Journalist Services:

Isabelle Novak, 414-861-5861

[email protected]

KEYWORDS: Washington Florida Texas United States North America

INDUSTRY KEYWORDS: Data Management Communications Technology Residential Building & Real Estate Software Construction & Property Public Relations/Investor Relations

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UroGen Announces the Appointment of Dr. Leana S. Wen to the UroGen Pharma Board of Directors

PRINCETON, N.J.–(BUSINESS WIRE)–
UroGen Pharma Ltd. (Nasdaq: URGN), a biotech company dedicated to developing and commercializing novel solutions that treat urothelial and specialty cancers, today announced the appointment of Dr. Leana S. Wen to its Board of Directors, effective immediately.

Dr. Leana S. Wen, an emergency medicine physician and public health and policy expert, has agreed to join UroGen’s board, effective immediately. She has served as a professor of health policy and management at the George Washington University School of Public Health since September 2019.

“We are fortunate to welcome Dr. Wen to UroGen’s Board of Directors,” said Liz Barrett, President and Chief Executive Officer, UroGen. “Dr. Wen’s work as a practicing physician and her extensive health policy and public health experience will be an asset to our Company. She brings a deep understanding of our diverse stakeholders and the complex dynamics of the biopharmaceutical industry. I am confident she will add great value to UroGen as we continue to look to transform the field of uro-oncology with therapeutic interventions because patients deserve better.”

Dr. Wen has served on the board of directors of Glaukos Corporation since March 2021 and is a member of its Audit Committee. She is currently on the board of the Bipartisan Policy Center, Baltimore Community Foundation, and National Committee on U.S.-China Relations, and chairs the advisory board of the Behavioral Health Group. She has been a contributing columnist for The Washington Post since June 2020, writing on health policy and public health, and an on-air commentator for CNN as a medical analyst since August 2020.

“UroGen is a company with tremendous potential that is bringing innovation to a field of medicine with significant unmet need,” says Leana S. Wen, M.D. “I am excited to join UroGen’s Board of Directors to help advance UroGen’s goal of improving care for patients with urological and other cancers.”

From January 2015 to October 2018, Dr. Wen was the health commissioner for the city of Baltimore, where she led the nation’s oldest continuously operating health department to combat the opioid epidemic and improve maternal and child health. She has also served as a global health fellow at the World Health Organization, a consultant with the China Medical Board, and a nonresident senior fellow at the Brookings Institution.

About UroGen Pharma Ltd.

UroGen is a biotech company dedicated to developing and commercializing innovative solutions that treat urothelial and specialty cancers because patients deserve better options. UroGen has developed RTGel™ reverse-thermal hydrogel, a proprietary sustained release, hydrogel-based platform technology that has the potential to improve therapeutic profiles of existing drugs. UroGen’s sustained release technology is designed to enable longer exposure of the urinary tract tissue to medications, making local therapy a potentially more effective treatment option. UroGen’s first commercial product and investigational treatment UGN-102 (mitomycin) for intravesical solution are designed to ablate tumors by non-surgical means. UroGen is headquartered in Princeton, NJ with operations in Israel. Visit www.urogen.com to learn more or follow us on Twitter, @UroGenPharma.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220912005156/en/

INVESTORS:

Vincent Perrone

Sr. Director, Investor Relations

[email protected]

609-460-3588 ext. 1093

MEDIA:

Cindy Romano

Director, Corporate Communications

[email protected]

609-460-3583 ext. 1083

KEYWORDS: New Jersey United States North America

INDUSTRY KEYWORDS: Biotechnology Pharmaceutical Health Oncology

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PPG to highlight coatings for battery electric vehicles at North American International Detroit Auto Show and The Battery Show

PPG’s battery coatings enable safety, performance, manufacturability

PITTSBURGH–(BUSINESS WIRE)–
PPG (NYSE: PPG) today announced that it will showcase its growing portfolio of paints and coatings for battery electric vehicles (EV) during the North American International Detroit Auto Show at Huntington Place in Detroit and The Battery Show, North America at The Suburban Collection Showplace in Novi, MI. Both shows begin on Sept. 13 and run through Sept. 15.

Exhibits at both events will include PPG CORACHAR™ battery fire protection solutions that enhance safety and production efficiency, along with other coatings innovations that are supporting the massive shift to battery EVs.

At the Detroit Auto Show (booth #PT630), PPG will also display advanced coatings technologies for auto parts suppliers to streamline the supply chain, and digital color tools that will enable OEMs to bring new colors to market faster.

PPG will also showcase coatings solutions for the design, construction and production of Li-ion battery cells, modules and packs at The Battery Show (booth #1821). These coatings enhance performance, safety and manufacturability to enable OEMs and battery and component manufacturers to accelerate the development of energy storage solutions.

“The automotive industry is pivoting to the latest technologies to deliver on the future of mobility as society’s use of automobiles shifts,” said Andrew Carroll, PPG vice president, Automotive Coatings, Americas. “Our innovative paints and coatings will play a leading role in this transition and will advance the technology to improve driver safety, assist in meeting sustainability goals and drive profitability.”

PPG: WE PROTECT AND BEAUTIFY THE WORLD®

At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and specialty materials that our customers have trusted for nearly 140 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 75 countries and reported net sales of $16.8 billion in 2021. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.

CoraChar is a trademark and We protect and beautify the world and the PPG Logo are registered trademark of PPG Industries Ohio, Inc.

CATEGORY Automotive OEM Coatings

View source version on businesswire.com: https://www.businesswire.com/news/home/20220912005133/en/

PPG Media Contact:

Keith Rigby

Automotive Coatings

+1 724 678 1453

[email protected]

www.ppg.com

KEYWORDS: Pennsylvania Michigan United States North America

INDUSTRY KEYWORDS: Technology Alternative Vehicles/Fuels EV/Electric Vehicles Automotive General Automotive Chemicals/Plastics Automotive Manufacturing Manufacturing Batteries

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Kohl’s Launches Adaptive Apparel for Adults, Bolstering its Inclusive Offerings for the Entire Family

• Kohl’s introduces adult adaptive apparel in three of its largest private-label brands, bringing easy and inclusive dressing options to the Sonoma Goods for Life, Tek Gear and SO brands
• Designed in partnership with GAMUT Management, Kohl’s adult adaptive designs provide everybody the opportunity to express themselves, with modifications for comfort and ease of dressing
• The new adult adaptive offerings join Kohl’s existing assortment of adaptive apparel, footwear, costumes, and toys for children

MENOMONEE FALLS, Wis.–(BUSINESS WIRE)–
Today, Kohl’s (NYSE: KSS) announced the launch of adaptive product offerings for adults offering individuals, regardless of ability, the access to style-forward, quality dressing options at a great value. The collection, designed in partnership with GAMUT Management – a leading consulting and talent management company for people with disabilities, includes thoughtfully integrated garment features with ease and comfort at the forefront. Available now on Kohls.com, customers will discover women’s adaptive products across Kohl’s private-label brands Sonoma Goods for Life, Tek Gear, and SO, and men’s offerings in both Sonoma Goods for Life and Tek Gear, as well as an assortment from Tommy Hilfiger.

“Kohl’s is proud to expand our adaptive assortments and offer inclusive collections for the entire family,” said Ron Murray, Kohl’s interim chief merchandising officer. “At Kohl’s, we understand how important it is to ensure all of our customers and associates are able to celebrate their personal style and independence in a way that meets their individual needs. Our adult adaptive collection is about creating apparel that is accessible to everyone, regardless of age or ability, and serving more of our customers with disabilities. We’re happy to offer adaptive designs that provide everybody the opportunity to express themselves, without sacrificing comfort and ease.”

Designed to empower people with disabilities with confidence and self-expression, Kohl’s adult adaptive products recognize the unique needs of the customer making everyday realities a little easier and more rewarding. Featuring different functionalities in each garment, Kohl’s adult adaptive apparel was created with three core principles in mind:

• Physical Functionality – Each piece is made with a focus on ease of dressing, promoting independence and increased wear-ability. This comes to life through attributes that allow increased functionality, such as wider necklines and plackets at shoulder seams for easier accessibility, as well as functional leg openings and built-in waistline adjust-ability for seated comfort.
• Comfort First – Each piece is designed with a focus on comfort of the wearer, with the inside of the garment being soft and smooth. By incorporating soft fabrics, using heat sealed tags and engineering extra features to ensure all details are comfortable against the skin, Kohl’s design team was able to create comfortable and soft options for adult customers.
• Everyday Staples – With the launch of foundational garments, Kohl’s adult adaptive apparel extends the useability of customers’ wardrobes. The collection offers everyday, foundational offerings, including regular fit denim jeans, active leggings, long and short sleeve base layer t-shirts and sweatshirts.

Kohl’s adult adaptive assortment spans new, as well as existing, categories and brands. Kohl’s Sonoma Goods for Life adaptive women’s collection will feature crew and v-neck long sleeve shirts, and crewneck sweatshirts, as well as straight leg jeans and long leggings. Kohl’s Sonoma Goods for Life adaptive men’s collection will feature flannel tops, short and long sleeve solid tees, henleys, joggers and regular fit jeans. Tek Gear activewear will feature women’s long sleeve performance tees, active leggings, ultrasoft fleece sweatshirts, jackets and joggers. Tek Gear men’s products will offer ultrasoft fleece hoodies and pants, Dry Tek tees and shorts and Tricot pants. In addition, Kohl’s SO adaptive women’s collection will include lounge leggings, crew neck and pocket tees, as well as joggers, jeggings and denim shorts.

From initial concept through design, the adaptive assortment was carefully crafted with the customer at the center. Kohl’s and GAMUT Management teamed up to host Fit Focus Groups with people with disabilities, which provided valuable insights that enabled Kohl’s design team to ensure we offer an assortment of products that are thoughtful, functional and feature everyday, trend-relevant styles.

“In America, more than 41 million people live with a disability, and yet people with disabilities have historically had limited-access to fashionable and functional apparel that meets their individual needs,” said Michelle A. Banks, Kohl’s chief diversity and inclusion officer. “At Kohl’s, we believe we can create lasting change by offering relevant products and designs that are meaningful to our customers. By listening to customers across the country, Kohl’s innovative design team was able to create new apparel that provides new options for adults with disabilities and we look forward to continuing to expand in this market to address the growing needs of our customers.”

Kohl’s adult adaptive collection is the latest step from Kohl’s to make progress on the company’s diversity, equity and inclusion goal to offer more relevant products that help more customers see themselves reflected and represented in Kohl’s brands.

“As we continue to work toward a future of true inclusion in retail, we are proud of the work Kohl’s has done with GAMUT Management to understand the needs of people with disabilities in product development,” said Mindy Scheier, GAMUT Management founder and CEO. “Kohl’s development of adaptive clothing in an authentic way is evidence that the fashion industry is listening, and we are honored to collaborate with Kohl’s to help expand adaptive options for the entire family.”

Adaptive Product Offerings for the Entire Family

The expansion into adult adaptive apparel comes following the success of Kohl’s kids adaptive apparel collections, featured across four of the company’s private-label brands, Jumping Beans, Tek Gear, SO, and Sonoma Goods for Life. In addition, Kohl’s has launched partnerships with BILLY Footwear and Stride Rite, offering mainstream shoes that are functional, fashionable, and inclusive for everyone. Further committed to the development of our customers, Kohl’s offers adaptive toy options from some of the most popular brands in our portfolio, including Helping Hands Fine Motor Tool Set Toy and Foxmind Go Pop! Roundo.

Presenting Sponsor of Runway of Dreams Foundation Fashion Show

Founded on the basis that clothing is a basic human need, the Runway of Dreams Foundation develops, delivers and supports programs and events that celebrate people’s differences, break down stereotypes, highlight the need for mainstream adaptive apparel and showcase people with disabilities in fashion.

A proud sponsor of Runway of Dreams since 2019, Kohl’s will serve as presenting sponsor of the Runway of Dreams 2022 Fashion Show to support their efforts in fashion inclusivity. The Show, taking place the evening of Monday, September 12, will showcase adaptive clothing and footwear on over 60 models with varying disabilities and backgrounds, from leading brands such as Kohl’s. To view the livestream, click here.

Cautionary Statement Regarding Forward-Looking Information

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. The Company intends forward-looking terminology such as “believes,” “expects,” “may,” “will,” “should,” “anticipates,” “plans,” or similar expressions to identify forward-looking statements. Such statements, including statements regarding business and financial trends for the Company’s second quarter, future performance, business conditions or results of operations, the timing and amount of any share repurchases pursuant to the Company’s share repurchase program and other information are subject to certain risks and uncertainties, which could cause the Company’s actual results to differ materially from those anticipated by the forward-looking statements. There can be no guarantee regarding such trends and performance, that the Company will be able to execute share repurchases, the timing or number of shares of any such repurchases, or that share repurchases or other future actions by the Company intended to create shareholder value will have such an effect. These risks and uncertainties include, but are not limited to, risks described more fully in Item 1A in the Company’s Annual Report on Form 10-K and Item 1A of Part II of the Company’s Quarterly Report on Form 10-Q for the first quarter of fiscal 2022, which are expressly incorporated herein by reference, and other factors as may periodically be described in the Company’s filings with the SEC. Forward-looking statements relate to the date initially made, and Kohl’s undertakes no obligation to update them.

About Kohl’s

Kohl’s (NYSE: KSS) is a leading omnichannel retailer. With more than 1,100 stores in 49 states and the online convenience of Kohls.com and the Kohl’s App, Kohl’s offers amazing national and exclusive brands at incredible savings for families nationwide. Kohl’s is uniquely positioned to deliver against its strategy and its vision to be the most trusted retailer of choice for the active and casual lifestyle. Kohl’s is committed to progress in its diversity and inclusion pledges, and the company’s environmental, social and corporate governance (ESG) stewardship. For a list of store locations or to shop online, visit Kohls.com. For more information about Kohl’s impact in the community or how to join our winning team, visit Corporate.Kohls.com or follow @KohlsNews on Twitter.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220912005151/en/

Jackie Judkins, 262.309.2474, [email protected]

KEYWORDS: Wisconsin United States North America

INDUSTRY KEYWORDS: People with Disabilities Fashion Consumer Retail Department Stores

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NICE Recognizes 2022 PSAPs’ Finest Award Recipients for Excellence in Emergency Communications

This year’s winners hail from Florida, California, Colorado, Minnesota, Texas and Utah; Riverside County (CA) Sheriff’s Office honored with trifecta of awards

HOBOKEN, N.J.–(BUSINESS WIRE)–NICE (Nasdaq: NICE) today announced the winners of its 2022 PSAPs’ Finest Awards. Now in its seventeenth year, NICE’s PSAPs’ Finest Awards recognize dedicated individuals and team standouts in public safety emergency communications. Honorees are recognized for their Lifetime Achievements and for going Above & Beyond, and in the following additional categories: Director, Line Supervisor, Technician, Trainer, Telecommunicator, Innovator and PSAP of the Year. PSAPs’ Finest winners are selected by an independent panel of volunteer judges from the public safety community who evaluate nominees based on their skills, knowledge, professionalism and dedication to service in their communities.

This year’s PSAPs’ Finest Award recipients are:

• Director of the Year – Kimberly Stephens, ENP, Emergency Dispatch Manager, Office of Public Safety Support, Lake County Board of County Commissioners (Tavares, FL)
• Line Supervisor of the Year – Cindy Casteel, Administrative Supervisor, Grand Junction Regional Communication Center (Grand Junction, CO)
• Technician of the Year – Nicholas Cervantez, IT Systems Administrator III, Riverside County Sheriff’s Department (Riverside, CA)
• Telecommunicator of the Year – Nakiya Moody, Telecommunicator, Alachua County Sheriff’s Office (Gainesville, FL)
• PSAP of the Year – Riverside County Sheriff’s Department (Riverside, CA)
• Trainer of the Year – Alan McGrath, Public Safety Telecommunicator, St. Petersburg Police Department (St. Petersburg, FL)
• Innovator of the Year – Lizette Sanz, Communications Supervisor, Riverside County Sheriff’s Department (Riverside, CA)
• Lifetime Achievement Award – Marcia Broman, 9-1-1 Data Coordinator, Metropolitan Emergency Services Board (Saint Paul, MN)
• Above & Beyond Award (tie)– Zue Elizabeth Tellez, Communications Officer, Schertz Police Department (Schertz, TX)
• Above & Beyond Award (tie) – Tammy Black, Dispatcher 2, SLC911 (Salt Lake City, UT)

Chris Wooten, Executive Vice President, NICE, said, “Celebrating the seventeenth year of the PSAPs’ Finest awards, we are reminded every day of the vital work of our emergency communications professionals, the long hours and difficult days. When every-day citizens make the call, they are the first to answer it. NICE is thrilled to be able to sponsor this long-running awards program to honor their sacrifices and selflessness.”

The PSAPs’ Finest Awards Program is made possible by emergency communications professionals who volunteer their time to judge each submitted nomination. PSAPs’ Finest judge Loretta Hadlock, Police Communications Manager, Glendale Police Department (Glendale, AZ), said, “It was an honor and privilege to review the nominations and read about the amazing work these public safety professionals do, and the difference they make every day.”

“These professionals deserve all the recognition and praise we can give them, added judge Michelle Hirst, Director 911 Management, Marion County Board of County Commissioners (Ocala, FL ). “Their professionalism, dedication and daily sacrifice is something to be commended. They are the unseen heroes on the front lines of public safety.”

NICE plans to recognize each winner individually in a special virtual awards presentation. Please follow the NICE Public Safety social channels for details: Twitter (@NICE_PublicSafe), Facebook (NICEPublicSafety), and LinkedIn (nice-public-safety).

Nominations for the 2023 PSAPs’ Finest Awards will open in January 2023. More information can be obtained on the PSAPs’ Finest website or by emailing [email protected].

NICE Public Safety & Justice

With over 3,000 customers and 30 years of experience, NICE helps all types of public safety and criminal justice agencies, from emergency communications and law enforcement to prosecutors and courts, digitally transform how they manage digital evidence and data from beginning to end, to get to the truth faster. NICE’s Evidencentral platform features an ecosystem of integrated technologies that bring data together to give a single view of the truth, enabling public safety and justice agencies to do what they do better – whether it’s responding to incidents, investigating and building cases, or prosecuting crimes. With comprehensive digital transformation solutions that can be deployed across entire counties and states, NICE also helps everyone work better together, so justice flows more smoothly, from incident to court. https://www.nicepublicsafety.com

About NICE

With NICE (Nasdaq: NICE), it’s never been easier for organizations of all sizes around the globe to create extraordinary customer experiences while meeting key business metrics. Featuring the world’s #1 cloud native customer experience platform, CXone, NICE is a worldwide leader in AI-powered self-service and agent-assisted CX software for the contact center – and beyond. Over 25,000 organizations in more than 150 countries, including over 85 of the Fortune 100 companies, partner with NICE to transform – and elevate – every customer interaction. www.nice.com

Trademark Note: NICE and the NICE logo are trademarks or registered trademarks of NICE Ltd. All other marks are trademarks of their respective owners. For a full list of NICE’s marks, please see: www.nice.com/nice-trademarks.

Forward-Looking Statements

This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, including the statements by Mr. Wooten, are based on the current beliefs, expectations and assumptions of the management of NICE Ltd. (the “Company”). In some cases, such forward-looking statements can be identified by terms such as “believe,” “expect,” “seek,” “may,” “will,” “intend,” “should,” “project,” “anticipate,” “plan,” “estimate,” or similar words. Forward-looking statements are subject to a number of risks and uncertainties that could cause the actual results or performance of the Company to differ materially from those described herein, including but not limited to the impact of changes in economic and business conditions, including as a result of the COVID-19 pandemic; competition; successful execution of the Company’s growth strategy; success and growth of the Company’s cloud Software-as-a-Service business; changes in technology and market requirements; decline in demand for the Company’s products; inability to timely develop and introduce new technologies, products and applications; difficulties or delays in absorbing and integrating acquired operations, products, technologies and personnel; loss of market share; an inability to maintain certain marketing and distribution arrangements; the Company’s dependency on third-party cloud computing platform providers, hosting facilities and service partners;, cyber security attacks or other security breaches against the Company; the effect of newly enacted or modified laws, regulation or standards on the Company and our products and various other factors and uncertainties discussed in our filings with the U.S. Securities and Exchange Commission (the “SEC”). For a more detailed description of the risk factors and uncertainties affecting the company, refer to the Company’s reports filed from time to time with the SEC, including the Company’s Annual Report on Form 20-F. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company undertakes no obligation to update or revise them, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220912005089/en/

Corporate Media Contact

Christopher Irwin-Dudek, +1 201 561 4442, ET, [email protected]

Investors

Marty Cohen, +1 551 256 5354, ET, [email protected]

Omri Arens, +972 3 763 0127, CET, [email protected]

KEYWORDS: New Jersey United States North America

INDUSTRY KEYWORDS: Technology Other Communications Law Enforcement/Emergency Services Communications Security Public Safety Telecommunications Software Internet Public Policy/Government Mobile/Wireless

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